NOT LISTED FOR SALE

7421 N Starr Rd Newman Lake, WA 99025

Estimated Value: $365,000 - $522,000

3 Beds
1 Bath
1,068 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $180,000 $169 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,695/month

20 Days on Market

Highlights

  • Barn
  • Territorial View
  • 4 Car Detached Garage
  • RV Access or Parking
  • Oversized Lot
  • Eat-In Kitchen

About This Home

As of March 2016

Wow! A Very unique property, and great Opportunity for Investors or a Business! Zoned Rural Activity Center/small scale commercial. Completely finished 60 x 60 shop, plus a 900 sq.ft. house w/ new furnace, vinyl windows, (needs floor coverings, mill work, etc.) Additional parcel incl.: 56261.0317. Total sq.footage of property is 24,582. Completely fenced back yard. Additional building behind shop can be torn down, and shop could be enlarged! Home is 3 BR/1Bth, and would make a good rental or office.

Last Agent to Sell the Property

Pam Fredrick

John L Scott, Spokane Valley License #17917 Listed on: 03/02/2016

John L Scott, Spokane Valley

Last Buyer's Agent

Nick Morelli

Live Real Estate, LLC License #25605

Live Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,369

Year Built

  • Built in 1930

Lot Details

  • Fenced
  • Oversized Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Territorial Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 4 Car Detached Garage
  • Workshop in Garage
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Shop
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 56261.0319

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,369

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Sub Type: Res/Site Blt
  • Access: Pub Rd, Paved
  • Class: Residential
  • Style Of Construction: 1 Story
  • Year Built: 1930
  • Lvt Date: 03/02/2016
  • Geo Address Line: 7421 N Starr Rd
  • Geo Primary City: Newman Lake
  • Geo Quality: 0.95
  • Geo Secondary City: Spokane Co.
  • Geo Subdivision: WA
  • Geo Update Timestamp: 3/30/2016 7:19:57 PM
  • Geo Zoom Level: 15
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Number of Stories: 1
  • Bathrooms: 1
  • Bedrooms: 3
  • Estimated First Floor Sq Ft: 900
  • First Floor Bedrooms: 3
  • First Floor Bathrooms: 1
  • First Floor Family Room: 1
  • Special Features: Mn Flr Util
  • Design: Rancher
  • Dining Room: Kit Eat Sp
  • Family/Recreation Room: 1st Flr
  • Features: Breakers
  • Kitchen Appliances: D/W
  • Primary Bedroom: 1st Flr
  • Number of Family Rooms: 1

Exterior Features

  • Exterior: Wood
  • Out Buildings: Shop, Barn
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, RV Parking, Shop Area, Oversized
  • Garage Size: 4+

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Water Company: Moab

Condo/Co-op/Association

  • Amenities: Do Not Use - StS

Schools

  • School District: East Valley
  • School District: East Valley

Lot Info

  • Loc Dir E W: e
  • Loc Numberblk E W: 250
  • Loc Numberblks N S: 74
  • Lot Information: Treed, Level, Oversized, Fenced
  • Lot View: Territorial
  • Parcel Number: 56261.0319
  • Site Improvements: Pub Wtr

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 56261.0319

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Mar 28, 2016
Sold by
Smith Randy R and Smith Sheryl A
Bought by
Rouse John C and Rouse Karen S
Seller's Agent
Pam Fredrick
John L Scott, Spokane Valley
Buyer's Agent
Nick Morelli
Live Real Estate, LLC
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Current Estimated Value
$422,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,280
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Nov 15, 2011
Sold by
G8 Opportunity Fund Viii Llc
Bought by
Smith Randy R and Smith Sheryl A

Purchase Details

Closed on
Sep 23, 2011
Sold by
Fannie Mae
Bought by
G8 Opportunity Fund Viii Llc

Purchase Details

Closed on
May 24, 2011
Sold by
Roszina Dion J and Roszina Heather L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 8, 2007
Sold by
Nolen Clarence D
Bought by
Roszina Dion J and Roszina Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rouse John C $180,000 First American Title Ins Co
Smith Randy R $53,780 Stewart Title Of Spokane
G8 Opportunity Fund Viii Llc $30,375 None Available
Federal National Mortgage Association $118,686 Spokane County Title Co
Roszina Dion J $70,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roszina Dion J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2016 03/29/16 Sold $180,000 -7.7% $169 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $195,000 -- $183 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,369 $410,600 $98,000 $312,600
2024 $5,369 $398,100 $88,000 $310,100
2023 $4,773 $398,100 $88,000 $310,100
2022 $4,309 $398,100 $88,000 $310,100
2021 $3,923 $250,700 $60,000 $190,700
2020 $3,824 $232,300 $55,000 $177,300
2019 $3,362 $202,400 $45,000 $157,400
2018 $3,466 $199,200 $45,000 $154,200
2017 $2,196 $105,500 $35,000 $70,500
2016 $2,169 $105,500 $35,000 $70,500
2015 $2,204 $105,500 $35,000 $70,500
2014 -- $105,500 $35,000 $70,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 201612986

Spokane Association of REALTORS®

APN: 56261.0319